Sales dropped in eight of 11 subsectors including furniture, down 11.3%
December GDP could be less than expected, a CIBC economist warns
The 1.6% increase in retail sales in October beat estimates of 1%
High prices aren't deterring consumers from spending
Choppy data may prompt caution from the Bank of Canada next week
As the economy reopened, shoppers diverted some of their spending from goods to services
Retail sales fell a seasonal adjusted 1.1% in July
Spending is expecting to shift to services from goods through the rest of the year
Retail sales rose 3.6% to $57.6 billion in March as Covid-19 restrictions relaxed
Data suggests sales will weaken in April amid new Covid restrictions